Exciting opportunity to own this Multifamily Property in Prescott, Arizona. The property is improved with a one story, 8 unit apartment complex and contains 5,250 square feet of livable area. All the units are 2 bedroom/1 bath and are individually metered for electricity and gas. The property is a two building, masonry constructed property with four units in each building and plenty of off-street parking spaces in front of the buildings. It also includes a lower level garage which contains approximately 2,800 square feet of space including one parking space for each unit, utility room, storage areas and a Coin-Op laundry facility with a brand new washer and dryer (have yet to be installed, but convey with the sale). The surrounding deck was rebuilt and permitted in late 2017.

Supplements: The property contains a total of 12,197 square feet or 0.28 acres of land zoned BG, Business General District, and it's located within walking distance to shopping, YRMC Hospital, Prescott High School, Doctor's offices, and only minutes away from downtown Prescott. This is a great income generator property with a low vacancy rate. Current rental rates subject to change at rent renewal periods. Current Usage: Apartment Complex. Potential Usage: Sky is the limit!